4 Stocks Pushing The Materials & Construction Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 135 points (1.0%) at 13,995 as of Friday, Feb. 1, 2013, 11:44 AM ET. The NYSE advances/declines ratio sits at 2,283 issues advancing vs. 634 declining with 96 unchanged.

The Materials & Construction industry currently sits up 0.6% versus the S&P 500, which is up 0.9%. Top gainers within the industry include Fluor Corporation ( FLR), up 1.8%, Masco Corporation ( MAS), up 1.4%, Sherwin-Williams Company ( SHW), up 1.2%, Cemex S.A.B. de C.V ( CX), up 1.3% and DR Horton ( DHI), up 1.4%. A company within the industry that fell today was James Hardie Industries ( JHX), up 1.7%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. M.D.C. Holdings ( MDC) is one of the companies pushing the Materials & Construction industry higher today. As of noon trading, M.D.C. Holdings is up $1.35 (3.4%) to $40.67 on heavy volume Thus far, 722,993 shares of M.D.C. Holdings exchanged hands as compared to its average daily volume of 678,800 shares. The stock has ranged in price between $39.87-$41.20 after having opened the day at $39.87 as compared to the previous trading day's close of $39.32.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States. M.D.C. Holdings has a market cap of $2.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 149.1, above the S&P 500 P/E ratio of 17.7. Shares are up 13.6% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates M.D.C. Holdings a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates M.D.C. Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full M.D.C. Holdings Ratings Report now.

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